Well, BTC is dragging it out as long as possible, a scenario that I feared a few months ago already, meaning that BTC would bore us to death.
However, it cannot continue doing this for much longer.
There is a very large triangle forming, very similar in structure to the one from the last bullmarket and subsequent bearmarket.
Back then it broke to the...

I noticed a crazy convergence of extremeley important supports, at a price range, that I think, will be the strongest support in this bearmarket.
The first support being the weekly MA300.
The second support being the longterm squareroot function trendline.
The third support being the line connecting the 2013 ATH with the China dip.
The last one comes from an...

BTC likes those head and shoulder patterns. Because traders like this pattern, especially the inverted head and shoulder type.
However, we should remember how often this pattern has failed in the past months. So many times, there was an inverted H&S structure in the making, and many times, it failed. It looked as if it would burst through the neckline, just to...

I have to admit that LTC is more bullish than I thought. Apparently everyone is anticipating the halving rally, therefore it takes place even earlier than in 2015. Now, I see two paths, depending on the behavior of BTC in the coming weeks.
1. Green path: BTC doesnt dump soon, instead goes sideways, or even upwards retesting the logarithmic resistance.
In this...

It all depends how we draw the lines, once again. The logarithmic resistance can be drawn such that the current top in LTC, exactly hit the resistance.
That's why those lines are not an exact science, but more like a zone.
In 2014-15 bearmarket, we also can accordingly draw the line in such a way, that LTC needed 1 1/2 years to break out.
If we would draw it...

Here is an interesting analysis of the yearly picture on the SP500. Contrary to shorter timeframes, where the weekly and monthly show that we could have quite a stockmarket correction this year, the yearly picture looks much more bullish.
If we look at the past very long bullmarkets, we can see that there is a strong fractal similarity of the phase 2000-2008 and...

I was asked by someone to do a Monero analysis. I mostly do only ETH, XRP and LTC, the top coins, but I have to say that I sometimes forget the others.
Probably because they are all interconnected anyways, and they are very similar. They all follow BTC, no exceptions.
Copmaring XMR with for example LTC, we see that it is not quite as bullish. LTC made a fake...

There are two falling logarithmic resistances at play now, which could be important in the coming weeks for determining the reversal point.
The one which is obtained by connecting the ATH top with the point where the last decline started at 6500.
The other one being a not so steep one, connecting the previous smaller tops after ATH with 6500.
I tend to think...

So I was wrong, I overestimated BTC. I knew one thing certainly: That the weekly Stoch RSI would have to go into overbought zone again, because it hasn't been there
since a far too long time.
And that is indeed happening exactly as I thought.
However, the way it is happening, is different: Not through a strong bounce, nay, but by going painfully sideways, with a...

The follow up chart on yesterdays chart, zoomed out a bit, to understand the important supports at play here, and why the MA200 is not the support to look at, as the strongest possible support.
We see that the probable future MA200, is quite far above the squareroot-trend. A trend, which has stood since 2010, and has been tested again and again. There is no...

After exactly one day of action, BTC wants to make you fall asleep again. I think we won't see a fast climb to 5000, that scenario is for me completely off the table. Instead, the new bullflag will probably break to
the upside at some point, and then BTC will bore us to death by rising very slowly upwards, towards a maximum of 4600.
It wants to rise slowly, so...

So, let's analyse Ripple again. I haven't analyzed Ripple in quite a while, which is unfair, since I made tha largest part of my profit in 2017/18 with XRP.
I entered back then at 0.25 USD, and sold from 2.85 to 3.35 USD, which was the best trade of my life until now.
Actually, I owe my financial freedom in the largest part to XRP.
So, what's the status of our...

So, comparing this LTC bearmarket to the last one, we immediately notice the perfect logarithmic donwtrend, which in both cases stood for a long time, until it was broken. Back in 2014, LTC broke the resistance, everyone was getting bullish again, just to
dump afterwards even below the resistance! The resistance should have acted as support, but the dump was so...

So, we have been floating around the weekly MA200 for a while now. BTC seems to want to drag out the decision as long as possible.
I expected a rally towards 5000, but because the longs are too high, this rally is almost impossible now. It would have done a rally, if shorts remained higher than longs, which wasn't the case unfortunately.
This means that at...

Comparing the ETHUSD bubble pop from this cycle, to the BTC pop from 2013-2015, we can see some interesting similarities.
I don't necessarily believe that this has been the bottom, it is only interesting to note the very similar behavior of those two different timeframes on two different coins.
Market psychology is truly often very similar.
Now, what does this...

Well now BTC is weaker than anticipated. I expected a stronger breakout from the falling wedge, however it seems I overestimated BTC.
The problem is the high longs: It looked as if shorts would increase again, but this is not the case.
Together with the extremely weak breakout, I think that the chances for new lows directly, without bounce from here, are starting...

Even the legendary Masterluc himself, gives too much credit to the MA200. And yes, it is an important support, because it acted as solid support in the 2014/15 bearmarket.
However, before that, the MA100 was considered solid support, and it was broken in the 2014/15 bearmarket.
It seems that we go further down on the MAs, probably this time, MA300 will act as...

BTC is trying to postpone the pump as long as possible. Probably until all the people who are long fold, close their longs, go short. Then it starts pumping.
The high long short ratio probably kept BTC from rising sooner, I though that it would start climbing to 5k much sooner. But apparently it tries to really drag it
out as long as possible. However, it can...